While the key economic indicators for most states and territories were commensurate with the population distribution, the exception was Western Australia, where sales and service income accounted for 16.7% (or $468.9b) of the national total relative to a population share of 10.9%.

SALES AND SERVICE INCOME

In 2012-13 New South Wales continued to have the largest sales and service income at 30.4% ($851.2b) of Total selected industries, followed by Victoria at 23.8% ($665.5b) and Queensland (19.7% or $551.6b).

EMPLOYMENT

At June 2013 New South Wales had the highest employment at 31.9% (about 3,378,000 people), followed by Victoria with 25.1% (about 2,659,000 people) and Queensland (19.9% or about 2,109,000 people). This aligned with their shares of Estimated Resident Population in June 2013, which were 32%, 24.8% and 20.1% respectively.

WAGES AND SALARIES

New South Wales accounted for the largest share of wages and salaries in 2012-13 at 31.3% ($151.5b), followed by Victoria with 23.8% ($115.2b) and Queensland (19.9% or $96.1b). However, Western Australia had the highest average wages and salaries per employed person at $55,700, followed by Northern Territory ($47,156) and Queensland ($45,571) (see Endnote).

Note that average wages and salaries have been calculated using wages and salaries for the full financial year 2012-13, whereas employment is a point in time estimate at June 2013, so they should be used with caution.

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